As more people dust off their luggage and passports after stowing them away during the global pandemic, Elude aims to show travelers a new way to take spontaneous trips.
Former Facebook teammates raise $10.4M in Sequoia-led round to launch features development
Statsig is taking the A/B testing applications that drive Facebook’s growth and putting similar functionalities into the hands of any product team.
Plant-based cereal startup OffLimits pours $2.3M into new products
For Emily Elyse Miller, founder and CEO of OffLimits, launching during a global pandemic was “interesting to navigate,” but in the end, worked out.
Accel leads Lucid Lane’s $16M round aimed at treating people with medication dependency
The company’s platform enables real-time intervention for people with medication dependence and substance-use disorders.
Octane raises $52M at a $900M+ valuation to help people finance large recreational purchases
Most of the time when people get loans, it’s for big life purchases such as a house or a car. But not every big purchase is a necessity. Some are more for fun, and the financing options for those types of buys — such as motorcycles and ATVs — are more limited. Today, Octane Lending, […]
Early Affirm employees raise $70M for SentiLink, an identity verification startup
SentiLink, an identity verification technology startup, has raised $70 million in a Series B funding round led by Craft Ventures. Felicis Ventures, Andreessen Horowitz (a16z) and NYCA also participated in the financing, which brings the company’s total raised to $85 million since its 2017 inception. The company declined to reveal at what valuation the money […]
Nigerian digital freight provider MVX lands $1.3M to help shippers move cargoes faster
In Africa, chartering vessels and processing ocean freight can be challenging. The sector is largely inefficient and fragmented. Merchants also struggle to access finance to perform cross-border trade in the continent. A couple of digital freight companies are tackling this problem, like Nigerian-based MVX. The company today is announcing its $1.3 million seed round to […]
Japanese startup ispace raises $46M to support planned moon missions
Japanese startup ispace has raised $46 million in a fresh round of Series C funding as it looks to complete three lunar lander missions in three years. The funding will go toward the second and third of the planned missions, scheduled for 2023 and 2024. The first mission, which ispace aims to conduct in the […]
Human Interest raises $200M at a $1B valuation, plans for an IPO
Less than six months after raising $55 million in a Series C round of funding, SMB 401(k) provider Human Interest today announced it has raised $200 million in a round that propels it to unicorn status. The Rise Fund, TPG’s global impact investing platform, led the round and was joined by SoftBank Vision Fund 2. […]
Reserve Trust raises $30.5M to become the ‘Stripe for B2B payments’
Reserve Trust, a Denver-based financial services provider, has raised $30.5 million in a Series A round led by QED Investors. FinTech Collective, Ardent Venture Partners, Flywire CEO Mike Massaro and Quovo founder and CEO Lowell Putnam also participated in the financing, which included $17.9 million in secondary shares. It brings the startup’s total raised since […]